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Durables-Cons. Products-Industry-The Economic Times

The Economic Times: Latest business, finance, markets, stocks, company news from India.

Last Build Date: Thu, 19 Jan 2017 13:35:00 GMT

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Recovery may not come this fiscal for capital goods companies

Wed, 18 Jan 2017 06:33:09 GMT

(image) L&T's management had earlier said it was on course to meet its guidance of 12-15 per cent revenue growth and 15 per cent order growth in this fiscal.

Recovery in sales through modern retail channels evident: Titan

Tue, 03 Jan 2017 14:34:22 GMT

(image) Analysts too are optimistic about the long-term prospects of the company, saying the recent correction is an opportunity to buy the stock.

Consumer durables to cost more in New Year

Fri, 30 Dec 2016 05:27:02 GMT

(image) The consumer durables sector was hit hard by demonetisation, especially in upcountry regions, with a 37-38% slump in overall sales in November this year.

Whirlpool eyes $1 billion revenue by 2020

Sun, 25 Dec 2016 08:03:14 GMT

(image) The company, which reported turnover of Rs 3,488 crore in the financial year 2015-16, recently officially launched its premium built-in kitchen appliance product range under brand 'Kitchen Aid' in India.

Consumer goods industry sales hit on liquidity woes

Sat, 24 Dec 2016 05:16:07 GMT

(image) These numbers might not reflect the real picture post-demonetisation, that is, November 8, as it calculates the business of the entire month.

Intex launches refrigerators as part of its product portfolio expansion

Tue, 20 Dec 2016 10:02:59 GMT

(image) The single-door refrigerators have a capacity range of 170 litre to 190 litre. Frost-Free Technology enable models will come in by early next year, the company said.

Home appliance makers defer price hikes on post demonetisation sales lull

Sun, 11 Dec 2016 18:43:06 GMT

(image) Prices were scheduled to go up due to rise in component prices and weakening rupee.

Kenstar appoints Rajiv Kenue as new chief operating officer

Fri, 25 Nov 2016 06:59:40 GMT

(image) The brand offers customers an extensive portfolio of products ranging from air coolers, water heaters, microwaves, mixer grinders and a host of other kitchen appliances.

Demonetisation: LG announces buy now, pay after 60 days offer on durables

Thu, 24 Nov 2016 14:02:30 GMT

(image) "We have designed this campaign to help customers purchase consumer durables without paying cash. We have tied up with Bajaj Finance for this," Niladri Datta said.

Black money may affect white goods sales, warns BSH

Thu, 24 Nov 2016 08:36:39 GMT

(image) Industry experts have earlier said the sales of large appliance have slumped 40-50% in the past two weeks, compared with the year-ago period.

TTK Prestige eyes Rs 1,700-crore turnover this fiscal

Sun, 20 Nov 2016 07:23:17 GMT

(image) In April this year, TTK Prestige forayed into the domestic home cleaning market and expects the category to contribute up to 10 per cent to its turnover in 3-4 years time.

Ashok Advani to Retire, Suneel to Head Blue Star

Fri, 11 Nov 2016 08:59:15 GMT

(image) The company on Thurs day also announced the induction of two promoter directors -Rajiv Lulla and Dinesh Vaswani as non-executive promoter directors in the board.

Bajaj Electricals unlikely to meet its revenue target of Rs 5,000 crore this fiscal

Thu, 10 Nov 2016 13:11:34 GMT

(image) “The CFL market will continue to crash and availability of LED lamps in the market should improve in the second half of the fiscal. We expect better prospect for the lighting business in the second half,” said Bajaj.

GST rate on consumer durables should be 18%: CEAMA

Mon, 07 Nov 2016 11:38:45 GMT

(image) Categorising consumer goods as items of mass consumption, the association has requested that the rate on all consumer durable products be kept at 18%.

Raymond Weil considers changing strategy for India

Mon, 24 Oct 2016 13:27:23 GMT

(image) Olivier Bernheim, owner and president, Raymond Weil said the company will limit its distribution through these two retailers and will have around 26 points of sales in the country.